The Leading Source for Cybersecurity Insurance News, Insights and Data
Marsh, a global leader in insurance brokerage and risk advisory, recently unveiled Edgware Re Ltd.. The Bermuda-based group captive insurance company is focused on cyber insurance. This launch comes at…
Marsh, a leading insurance broker and risk advisor, appointed Shannan Fort as International Cyber Product Leader of Marsh Specialty. The appointment is effective April 1. Based in London, she will…
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AWS will now share security data of companies it serves when they request to be connected with cyber insurance brokers and insurers. The members of this ecosystem predict it will…
Marsh has unveiled plans to launch a comprehensive global cyber practice. The goal? Combine its extensive cyber capabilities encompassing insurance, risk intelligence, incident management, and cybersecurity on a global scale….
Read More “Marsh Announces Global Cyber Practice and New Leaders” »
Marsh reports claims were up 77% in Q1 2023 compared with the previous quarter. Resilience reports the same trend. “One possible explanation for the resurgence is that ransomware purveyors based…
Marsh analyzed its claims data and responses to customer self assessments. The resulting report may surprise some folks… “Automated hardening techniques — by a wide margin — have the greatest…
For reference, our post on “Skinny Cyber Insurance” for smaller companies with limited cybersecurity resources that need to prove coverage to their supply chain partners. “’The coverage that these companies would…
Read More “A Step toward “Skinnier Cyber Insurance?” Marsh Lowers Threshold for Cyber Coverage” »
Marsh notes global cyber pricing rose 28% in Q42022, slowing compared to 53% the prior quarter. But rates and volatility remain high enough to keep providing tailwinds for captive structures,…
Read More “Marsh Bullish on Cyber Captives Despite Moderating Cyber Insurance Prices” »
“(T)he cyber rates continued to accelerate at 28%, although that is a deceleration in rate increase in the last quarter we saw 53%,” said Martin South of Marsh & McLennan…
Read More “Cyber Re Rates Still Growing, But Not as Fast: Marsh & McLennan ” »
“But after two years of premium increases, it appears rates are starting to moderate, contributing to the sense of cautious optimism about the future of cyber coverage. Attritional losses seem…
Read More “Cyber Insurance Market Stabilizing As Growth in Premiums Moderates: Marsh ” »